bijoy2526

bijoy2526

watch my post about crude posted here two days back. it may touch the target soon. don't forget to like my post follow me to get up dates.

bijoy2526 Updated 

It appears it is 4 th wave pull back it may rise to touch the next target. the stochastic is entering in to over sold zone in hourly time frame. But it is too early to say when this correction will end. I have attached the 15 minute time frame too. let us watch and see.

bijoy2526 Updated 

It was my chart of crude . now touched target 2. will it touch target 3? definitely I can not say. Please keep an eye on it.

bijoy2526 Updated 

one leg of flat correction appears to be over as bank nifty precisely touching the target. please watch the arrow mark in the chart. and warning line of pitch fork is also suggesting over sold condition. so now is it supposed to bounce? If indeed we have completed 5 wave up move then bank nifty may not stop with small correction. It is hardly 23.6percent of entire...

bijoy2526 Updated 

please go through my morning post. just ltttle away from my morning target. almost 90 percent achieved. don't forget to like my post.

bijoy2526

there will be initial bounce . it is obvious from the pitchfork. the low of should not be broken otherwise there will be major selling. this is my analysis, not any trading recommendation. don't forget to like my post. follow me to get updates

bijoy2526

I had asked to watch 1 st hour candle in my yesterday's post. 1st hour candle was bear trap of the bulls. convincingly there after bank nifty has continued its up journey. and has achieved target 1 how was my call. don't forget to like my post. follow me to get updates please go through my yesterday's post.

bijoy2526 Updated 

it appears to me it may rise . support for bank nifty are 37421,47550 and resistance 37705. As sgx nifty is suggesting we may have gap down opening so better to buy at near lower support with strict stop loss as shown in the figure. or we should wait to see how 1st one hour candle behaves. during this high volatility it is really difficult to predict the...

bijoy2526

On its up journey reliance may face resistance at 2472. But its journey may continue after that, There is one positive news for reliance let us see if it faces resistance at that level or not. It is very hard to think when reliance is bouncing how nifty is not. no other heavy weights not supporting it. except relaince all other trading below their critical moving...

bijoy2526 Updated 

the recent rise in bank nifty is not impulsive the rise even could not touch the uml of the pitchfork in hourly time frame Excepting European market all other markets are trading below 200 dma and rise in gold also indicating shifting of fund. but please keep an eye on stochiastic in hourly time frame any divergence may result in spike in bank nifty. any short...

bijoy2526

Even before touching 200 dma bank nifty has reversed. lml of he pitchfork provided support to it. arrow marks in the chart are probable targets. it is positive for bank nifty as it has recovered 20 period weekly average. don't forget to like my post . follow me to get updates. Support for bank nifty for tomorrow 37572,36798,and 36657 if it trades below 36657 it...

bijoy2526 Updated 

We can expect appreciable movement tomorrow. Of course there is news about the banks ABG shipyard scam. Of course this news has not surfaced recently. It was under investigation not a new scam. I think market should not react to this news. Global market weakness is there. Indian market may react to that. As long as this higher low is maintained Bank nifty is in...

bijoy2526

Please go through my yesterday post. I had shown precisely the target. 39000 pe was 39 went high as 140 everybody must have earned handsomely don't forget to like my post. follow me to get updates.

bijoy2526 Updated 

from that it has reversed. of course i had asked my followers to go long right at the when bank nifty at that zone. we can get big move of bank nifty tomorrow as rbi policy day. Today's range appears to be narrow range. Twice in recent times I have picked when bank nifty had bottomed out and when was topped. don't forget to like my post. follow me to get updates

bijoy2526 Updated 

Still down side possible. let us watch if it breaks the trendline or not. don't forget to like this post follow me to get updates

bijoy2526

Bank nifty weekly close with positive note It now all depends on how market reacts to sbi result. my target for sbi was 546 earlier it has touched that .next target 604. I have not seen any broker's recommendation but I think some broker will give target in that region. let us see. as per bank nifty it has to take out the Uml of the pitch fork to proceed...

bijoy2526

I had mentioned 2 targets for bank nifty. Both were achieved Yesterday. Today's candle and yesterday's candle perfectly touched the uml of red pitchfork.(yesterday's high 39386 and today's high 39424 both touched perfectly that uml line)and due to expiry I think 39100 and above calls turned zero. then what next? weekly trend is positive, minor dip due to...

bijoy2526

Every thing explained in the chart. it appears now 3rd of 3rd of 1 st wave of final 5th in progress. I am looking for nifty to break out of the channel . Till now every thing pointing it as an impulse wave. don't forget to like this post. follow me to get updates